Norfolk Southern (NSC) Total Debt (2009 - 2026)
Norfolk Southern's (NSC) quarterly Total Debt came in at $16.6 billion in Q2 2026, down 4.32% year-over-year from $17.4 billion in Q2 2025, and down 2.84% quarter-over-quarter from $17.1 billion in Q1 2026.
Analysis
Norfolk Southern (NSC) Total Debt (2009 - 2026) Analysis & Trends
Norfolk Southern (NSC) has reported Total Debt for 18 consecutive years, with $16.6 billion the latest figure, recorded in Q2 2026.
- On a quarterly basis, Total Debt fell 4.32% year-over-year to $16.6 billion in Q2 2026; TTM through Jun 2026 was $16.6 billion, a 4.32% decrease from a year earlier, with the FY2025 full-year figure at $17.1 billion, down 0.69% from the prior year.
- Total Debt was $16.6 billion for Q2 2026 at Norfolk Southern, down from $17.1 billion in the prior quarter.
- Over five years, Total Debt peaked at $18.0 billion in Q1 2024 and troughed at $14.8 billion in Q1 2022.
- A 5-year average of $16.5 billion and a median of $17.1 billion in 2025 frame the typical range for Total Debt.
- Across the five-year window, Total Debt advanced 19.96% in 2024 and dropped 4.32% in 2026, its largest moves.
- Over 5 years, Total Debt stood at $15.2 billion in 2022, then increased by 13.15% to $17.2 billion in 2023, then rose by 0.16% to $17.2 billion in 2024, then slipped by 0.69% to $17.1 billion in 2025, then decreased by 2.76% to $16.6 billion in 2026.
- The last three Total Debt figures came in at $16.6 billion (Q2 2026), $17.1 billion (Q1 2026), and $17.1 billion (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Union Pacific | 172.02 Bn | 169.90 Bn | 6.50 Bn | 30.33 Bn |
| 2 | Csx | 91.53 Bn | 90.15 Bn | 3.29 Bn | 18.86 Bn |
| 3 | Canadian Pacific Kansas City | 80.52 Bn | 80.97 Bn | 2.92 Bn | 18.18 Bn |
| 4 | Norfolk Southern | 73.97 Bn | 72.91 Bn | - | 16.62 Bn |
| 5 | FTAI Infrastructure | 403.00 Mn | 74.11 Mn | 69.44 Mn | 3.24 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.62 Bn |
| Mar 31, 2026 | 17.10 Bn |
| Dec 31, 2025 | 17.09 Bn |
| Sep 30, 2025 | 17.08 Bn |
| Jun 30, 2025 | 17.37 Bn |
| Mar 31, 2025 | 17.22 Bn |
| Dec 31, 2024 | 17.21 Bn |
| Sep 30, 2024 | 17.20 Bn |
| Jun 30, 2024 | 17.74 Bn |
| Mar 31, 2024 | 17.98 Bn |
| Dec 31, 2023 | 17.18 Bn |
| Sep 30, 2023 | 16.58 Bn |
| Jun 30, 2023 | 15.13 Bn |
| Mar 31, 2023 | 14.99 Bn |
| Dec 31, 2022 | 15.18 Bn |
| Sep 30, 2022 | 15.07 Bn |
| Jun 30, 2022 | 15.05 Bn |
| Mar 31, 2022 | 14.84 Bn |
| Dec 31, 2021 | 13.84 Bn |
| Sep 30, 2021 | 13.83 Bn |